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Axis Market Weakness Continues in Q2 2009
by John Honovich, IPVM posted on Jul 08, 2009 About John Contact JohnSo much for green shoots - at least for Axis. In their just released Q2 financial report, Axis leads with "No Change in Sales Trend" which is not a good thing considering their abrupt drop from last year's almost 40% growth rate.
This will certainly generate a new round of debate on the future of IP and Axis as the market's leader. While privately lots of industry people talk about how things are improving, this is not a sign in that direction. On the other hand, it's quite likely that the IP market as a whole is doing better than Axis is currently.
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